Australia: Mounting Lifting Equipment Market 2025

Mounting Lifting Equipment Market Size in Australia

The Australian mounting lifting equipment market rose markedly to $X in 2021, picking up by 7.4% against the previous year. Overall, consumption posted a prominent increase. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.

Mounting Lifting Equipment Production in Australia

In value terms, mounting lifting equipment production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a prominent increase. The growth pace was the most rapid in 2017 when the production volume increased by 74%. Over the period under review, production attained the maximum level at $X in 2020, and then shrank slightly in the following year.

Mounting Lifting Equipment Exports

Exports from Australia

In 2021, mounting lifting equipment exports from Australia soared to X units, rising by 101% compared with the previous year's figure. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 182%. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, mounting lifting equipment exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when exports increased by 125%. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for mounting lifting equipment exports from Australia, accounting for a 50% share of total exports. Moreover, mounting lifting equipment exports to Germany exceeded the volume sent to the second major destination, New Zealand (X units), twofold. Burkina Faso (X units) ranked third in terms of total exports with a 20% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +35.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-7.5% per year) and Burkina Faso (+239.1% per year).

In value terms, Germany ($X) emerged as the key foreign market for lifting equipment designed for mounting on road vehicles exports from Australia, comprising 72% of total exports. The second position in the ranking was taken by New Zealand ($X), with an 18% share of total exports. It was followed by Papua New Guinea, with a 7.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany amounted to +115.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Zealand (-4.1% per year) and Papua New Guinea (-13.1% per year).

Export Prices by Country

In 2021, the average mounting lifting equipment export price amounted to $X per unit, declining by -15.3% against the previous year. Overall, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Papua New Guinea ($X per unit), while the average price for exports to Burkina Faso ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+59.6%), while the prices for the other major destinations experienced more modest paces of growth.

Mounting Lifting Equipment Imports

Imports into Australia

In 2021, after two years of decline, there was significant growth in overseas purchases of lifting equipment designed for mounting on road vehicles, when their volume increased by 77% to X units. Over the period under review, imports, however, saw a noticeable contraction. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, mounting lifting equipment imports skyrocketed to $X in 2021. In general, total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X units) constituted the largest supplier of mounting lifting equipment to Australia, with a 56% share of total imports. Moreover, mounting lifting equipment imports from Italy exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Denmark (X units) ranked third in terms of total imports with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+35.1% per year) and Denmark (+4.1% per year).

In value terms, the largest mounting lifting equipment suppliers to Australia were Italy ($X), Poland ($X) and Sweden ($X), with a combined 67% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +37.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average mounting lifting equipment import price amounted to $X per unit, falling by -1.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.2%. The growth pace was the most rapid in 2018 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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